The comparable sales data (3 recent transactions in SENNA HILLS) supports an estimated value of $1,176,242. The data suggests a list price between $1,311,000 and $1,460,000 would attract qualified buyers without leaving money on the table. Buyers shopping in SENNA HILLS right now would see this as a well positioned option among 4 comparable homes. At 174 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 2008 (8 years newer than comps) is factored into the value estimate. 4 similar homes are currently available in SENNA HILLS, creating a balanced market for this price range. Prices in 78733 have fallen 12.3% over the last 6 months. A similar home at 10720 Straw Flower DR, Austin TX 78733 carries an adjusted comparable value of $1,235,354, providing a strong data point. The strength of this estimate comes from 3 directly comparable sales in SENNA HILLS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group